sports

Monaco: Cycling Paradise for Top Riders

Monaco has emerged as a tax haven for cycling stars, with over 50 top riders including Pogacar and Roglic calling it home. The principality will host the Vuelta a España start this Saturday, becoming only the fourth country to host the opening stages of all three major cycling tours.

Monaco has become a favored destination for cycling professionals seeking tax advantages. To obtain residency, athletes must spend at least six months and one day annually in the principality, monitored through utility consumption and police records, while maintaining a bank account with a minimum €500,000 deposit or high-value professional contracts. librea.one

The principality's mountainous terrain and favorable conditions have attracted cycling champions like Pogacar, Roglic, Bernal, Quintana, Mohoric, and Trentin. This Saturday, Monaco will host the Vuelta a España start, joining Italy, France, and Netherlands as the only countries to have hosted the opening stages of all three Grand Tours, following the Giro d'Italia in 1966 and Tour de France in 2009.